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RBL Bank reports Profit after tax of Rs -4594.70 Mln, in the June 2021 quarter

02 Aug 2021 Evaluate
The sales slipped to Rs. 20258.30 millions for the June 2021 quarter as against Rs. 22594.00 millions during the year-ago period.The Net Loss for the quarter ended June 2021 is Rs. -4594.70 millions as compared to Net Profit of Rs. 1412.20 millions of corresponding quarter ended June 2020


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202106 202006 % Var 202106 202006 % Var 202103 202003 % Var
Interest Earned 20258.30 22594.00 -10.34 20258.30 22594.00 -10.34 82145.40 85143.80 -3.52
Other Income 6946.70 3333.30 108.40 6946.70 3333.30 108.40 20578.40 19102.50 7.73
Interest Expended 10563.30 12181.00 -13.28 10563.30 12181.00 -13.28 44269.80 48847.40 -9.37
Operating Expenses 8567.20 8567.20 25.09 8567.20 6849.10 25.09 27545.80 28257.70 -2.52
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 14256.70 5001.60 185.04 14256.70 5001.60 185.04 24017.40 19615.40 22.44
Tax -1587.50 483.40 -428.40 -1587.50 483.40 -428.40 1813.00 2471.10 -26.63
PAT -4594.70 1412.20 -425.36 -4594.70 1412.20 -425.36 5077.80 5056.70 0.42
Equity 5984.20 5087.40 17.63 5984.20 5087.40 17.63 5980.20 5087.00 17.56
OPM 39.86 30.53 30.57 39.86 30.53 30.57 37.63 31.88 18.03
Peers
Company Name CMP
HDFC Bank 716.10
ICICI Bank 1350.10
Axis Bank 1242.80
Kotak Mahindra Bank 417.00
Indusind Bank 960.00
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